Indonesia: a slippery road to recovery

Southeast Asia’s largest economy is unlikely to see a V-shape recovery. Instead, it’s going to take a year or two before its economic policies bear fruit, says the IMF.

It is unrealistic for Indonesia to see a V-shape bounce in its economic status due to recent headwinds, according to the IMF, moving against market expectations.

Instead, 2015 is going to be the year where President Joko Jokowi Widodo is going to lay the foundations for the country's new growth model, which will take a few years to bear fruit, said Jakarta-based Ben Bingham, senior resident representative for the IMF.